6 Most Important Things in Business Today
Deutsche Bank was hit by low profits and will chop expenses. According to Reuters: Deutsche Bank announced cutbacks to its bond and equities trading on Thursday in a major overhaul ...Read Full Story »
Samsung
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New Apple iPad Not Expected to Turn Market Around
Later Tuesday in Chicago, Apple Inc. (NASDAQ: AAPL) is expected to announce a new, less expensive 9.7-inch iPad aimed at the education market. The Cupertino-based giant is hoping to lure ...Read Full Story »
Apple’s Short Interest Rises 7 Million Shares, but Does It Matter?
For the period that ended February 15, the short interest in Apple Inc. (NASDAQ: AAPL) rose just over 7 million shares to 49.1 million. The number seems like a lot, ...Read Full Story »
6 Most Important Things in Business Today
Months after its founder, Harvey Weinstein, was accused of serial sexual harassment, Weinstein Company will file for Chapter 11. According to The New York Post: The Weinstein Co. said late ...Read Full Story »
Smartphone Sales Post First-Ever Year-Over-Year Decline
Analysts at Gartner have been tracking the global smartphone industry since 2004. Thursday morning the firm reported that global smartphone sales to end users declined by 5.6% year over year ...Read Full Story »
Apple iPhone Captures Half of Global Smartphone Revenue in 2017 Q4
According to data presented Thursday by research firm Strategy Analytics, Apple Inc. (NASDAQ: AAPL) and the company's iPhone took a record 51% of global smartphone sales revenue in the fourth ...Read Full Story »
6 Most Important Things in Business Today
Fujifilm will take over one of America's most storied companies — Xerox Corp. (NYSE: XRX). According to Reuters: Japan’s Fujifilm Holdings is set to take over Xerox Corp, and combine ...Read Full Story »
6 Most Important Things in Business Today
Elon Musk's SpaceX rocket botched an important government satellite launch. According to MarketWatch: An expensive, highly classified U.S. spy satellite is presumed to be a total loss after it failed ...Read Full Story »
Global Smartphone Production to Fall This Year
A widely regarded research firm forecasts that global smartphone production will fall 5% this year. The drop will be uneven as several companies face severe challenges. TrendForce management commented: Chinese ...Read Full Story »
Consumer Reports Gives iPhone X Poor Marks for Broken Glass, Battery Life
Apple Inc.'s (NASDAQ: AAPL) iPhone X is not the best smartphone in the world. Despite its many strengths, new Consumer Reports tests faulted it for a screen that breaks too ...Read Full Story »
6 Most Important Things in Business Today
The CEO of scandal plagued Samsung will step down. Chief Executive and Vice Chairman Kwon Oh-hyun said the company faced an "unprecedented crisis" and needed new leadership. The FAA ordered Airbus ...Read Full Story »
6 Most Important Things in Business Today
The U.S. stock market broke a 20-year record with six consecutive closing high days in a row. Tropical storm Nate may hit the Gulf Coast of the United States, which ...Read Full Story »
Add Samsung to California’s List of Self-Driving Car Programs
In all, 39 companies from Apple to Zoox have received permits from the state of California to conduct program testing of autonomous (self-driving) vehicles and technology. The latest addition to ...Read Full Story »
6 Most Important Things in Business Today: Samsung Heir Sentenced
Samsung heir and leader Jay Y. Lee was convicted of bribing South Korea's former president and other related charges. Samsung is South Korea's largest company. He was sentenced to five ...Read Full Story »
6 Most Important Things in Business Today
According to several media reports, Apple Inc. (NASDAQ: AAPL) will spend approximately $1 billion to acquire outside content for its media distribution businesses such as Apple TV. The value of ...Read Full Story »
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